We are starting the second year of a 5 year framework agreement and the client`s cost manager has asked when will we be issuing a new SOR for the up and coming year. I can not seem to find anything within our framework agreement that allows use to increase our rates, so I assume this is just as a result of infiltration rates, how would i go about presenting this to the client?
I’ve seen this before in Frameworks and it’s usually set out in the agreement how the Contractor/Consultant would go about proposing increases to the rates.
If it isn’t, perhaps you should ask the client to signpost the relevant provision in the contract.
Even if it is to do with inflation (infiltration?) I would not expect the contract to be silent on it - very unlikely given it’s a 5 year term.
Not sure what else to advise without seeing more detail but I hope the above helps somewhat.